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Steps
- Request completion is up to management approval.
- Transferring ownership involves changing the owner or adding a new owner to the contract must be communicated to WASL and approved by them.
- Both existing and new tenants must visit the WASL Experience Center (WEC) office with the required documents.
What’s next?
- A transfer agent will contact you to confirm approval or rejection.
- An inspection will be conducted, and the old tenant must settle all dues before initiating the new contract
- New lease process.
- No maintenance will be provided.
Required Document
- Existing Tenant Documents:
- Transfer Form (to be filled and given in office)
- Copy of WASL Tenancy Contract
- Passport and Visa Copy of Tenant
- Emirates ID Copy of Tenant
- NOC Letter from Tenant to Approve the Transfer to New Tenant
- New Tenant Documents:
- Tenant Information Form (to be filled and given in office)
- Passport and Visa Copy of New Tenant
- Emirates ID Copy of New Tenant
- Salary Certificate
- Latest 3 Months Bank Statement
- Attested Marriage Certificate
- Passport and Visa Copy of Family Members
- Emirates ID Copy of Family Members
- NOC Letter from the New Tenant to accept the transfer of the Unit in the same Condition without Maintenance.
Fees and Charges
- Commission: 5% of annual rent + VAT.
- Rent - Current Market rate or existing lease rent whichever is higher + VAT.
- Security deposit: As applicable.
Service Time
- Approval time: 3-5 working days.
- Working hours: 8 AM to 4 PM, Monday to Friday.
- Office timing: 8 AM to 11 AM Monday to Friday.